Emperor Keynes and " -" Hayek?
Ok so whats Salma Busty hayek doing in my blog and is Emperor Keynes one of her latest playthings?
I have no idea abt Salma hayeks luv life guys, so sodd offf.........
K the ppl in picture are 2 famous economists who defined the recessions ' yes the same recessions because of which u have lost ur salary, have nothing else to do, but a geek as u r, sitting in front of ur stupid computer and reading what everybody has to say as to why u did not get the salary'.
And today being the month end does rub salt into the wound doesn't it........Ouch!!! sorry.
Mr Keynes Defined a recession called as a Keynesian recession (Duh!) which represents a sudden fall in demand, and can be remedied within six months by pumping enough purchasing power into the economy.
Whereas Mr or Ms Hayek Defined a recession called as a Hayekian recession (Duh! again) A Hayekian recession, however, is caused by misallocation of resources over a long period, driven by unrealistic interest rates, ending in a bust that requires years of structural adjustment. Such a recession can last a decade.
The story making in economist (read LOSER) circles is that we are at the beginning of a Hayekian REcession. Y salma hayek y did you have to do this. We are used to inflations on screen from you but y in the economy? YYYYYYYYYYYYY.
So brace urself guys, we may have to go back to caveman days if Ms Hayek gets her way in this recession......
Rishi
0 Comments:
Post a Comment
<< Home